As a professional, we should have sound skills of interpretation of statutes. In this article, we will discuss the interpretation of statutes with the provisions of the Companies Act, 2013.
The GoI and RBI have come out with various options for homebuyers, in order to boost the Real Estate and Banking Sector. However, is the COVID-19 period, a right time to buy a house? Let us discuss.
Some dates relating to AGM and CFSS Scheme are highly debatable and there exists a big confusion in the extended dates. Let us discuss those.
APPLICABILITY & EFFECTIVENESS- Applicable on Every Company (except OPC) at the time of conduct any type of General Meeting/ Meeting of Debenture-holders/ Meeting of Creditors & effective from 01st July, 2015.AGM-1. The Board shall every year,
APPLICABILITY & EFFECTIVENESS- Applicable on Every Company (except OPC having 1 director) at the time of conduct board meeting or committee meeting (having directors) & effective from 01st July, 2015. Authority to Convening a Me
OPC- Section 2(62) of Companies Act, 2013 provides that �One Person Company� means a Company which has only one person as a Member.CHARACTERISTICS OF OPC-1) Natural Person + Indian Citizen + Resident in India = Incorporate an OPC/ Nominee
RELATED PARTY- As Per Section 2(76) of the Companies Act, 2013, Related Party meansa) A directorb) Relative of directorc) KMPd) Relative of KMPe) A Firm, in which a director, manager or his relative is a Partnerf) A Private Company in which a directo
DEPOSIT- Section 2(31) of Companies Act, 2013 provides that Deposit Includes any receipt of money by way of deposit or loan or in any other form by a company, but does not include-a) Any amount received from C.G/ S.G/ L.A/ S.Ab) Any amount received f